Annual report [Section 13 and 15(d), not S-K Item 405]

Revenue (Tables)

v3.25.1
Revenue (Tables)
12 Months Ended
Feb. 01, 2025
Revenue  
Schedule of approximate percentage of net sales by primary category

The following table sets forth the approximate percentage of net sales by primary category:

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​

​

​

​

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Fiscal year ended

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​

February 1,

​

February 3,

​

January 28,

(Percentage of net sales)

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2025

​

2024

​

2023

Cosmetics

​

39%

  

41%

  

42%

Skincare

​

23%

​

22%

​

20%

Haircare

​

19%

​

20%

​

22%

Fragrance

​

13%

​

11%

​

11%

Services

​

4%

​

4%

​

3%

Other

​

2%

​

2%

​

2%

​

​

100%

​

100%

​

100%

​

Certain sales departments were reclassified between categories in the prior year to conform to current year presentation, including moving the bath category from Fragrance to Skincare.

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Summary of changes in deferred revenue

The following table provides a summary of the changes included in deferred revenue during fiscal 2024 and 2023:

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​

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Fiscal year ended

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​

February 1,

​

February 3,

(In thousands)

​

2025

    

2024

Beginning balance

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$

428,788

​

$

388,583

Additions to contract liabilities (1)

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​

362,563

​

​

332,369

Deductions to contract liabilities (2)

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​

(298,444)

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​

(292,164)

Ending balance

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$

492,907

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$

428,788

(1) Loyalty points and gift cards issued in the current period but not redeemed or expired.
(2) Revenue recognized in the current period related to the beginning liability.